DAV Network (DAV)

Overview

DAV is a blockchain-based transportation platform which enables vehicles to discover, communicate and transact with one another using DAV tokens.

Project stage

Beta version

Detailed description

A cryptocurrency to fuel the next era of global transportation: Decentralized Autonomous Vehicles (DAV). DAV is a computer network that will connect self-driving vehicles (such as cars, trucks, rovers, and drones) to everyone on that network, enabling them to discover, communicate, and transact using the DAV Token.

]Users can pay for the use of any of those vehicles with a token to get a ride or pick up and deliver a package. People who own those vehicles or the charging stations on the network can earn tokens for the services they provide. Users can have an entire network of self-driving vehicles at their fingertips to bring them anything, or to take them anywhere, with one token.

Even in today’s transportation market, and during the transitional period before autonomous transportation achieves mass adoption, the decentralized transportation network and its underlying technology can create a variety of economic opportunities such as decentralized, on demand, manned, rides and deliveries.

The DAV Token allows for the creation of this new transportation ecosystem. The token will be used to enable secure transactions, establishing a global payment standard between vehicles, users, and their supporting infrastructure. Its smart mission contracts enable trustless cooperation between multiple vehicles and their service providers. A token that’s unique to the transportation industry, and the underlying technology and protocols that operate that token, are designed to encourage a network effect that boosts the industry and all of its participants. The DAV token encourages both innovation and cooperation by incentivising participation and investment early on.

Early AV owners and service providers using DAV will benefit from historically low barriers to market entry (enabled by the DAV platform), along with operational optimization. DAV tokens will be distributed as part of a DAV incentives program, which will provide bounties directly to consumers and enthusiasts in DAV cities, to autonomous transportation services, and/or to autonomous vehicle companies for purchasing services from within the transport economy, such as charging or maintenance.

Problem

As these organizations employ armies of software developers in their attempts to create the first fully autonomous vehicles, they need to resolve issues revolving around perception, localization, decision making, and more.

Additionally, autonomous vehicles require charging, maintenance, and docking infrastructure. Centralization and narrow economic interests restrict the pace at which transformative technologies can be released and adopted by the market, as the key players are focused on dominating their own isolated networks, and not on creating a collaborative infrastructure that is more efficient and has higher potential for more diverse use cases in the long run.

A lack of incentives to collaborate across various value chains stifles the pace of progress in the sector. An open-source platform that is inclusive and permissionless provides economic incentives for multiple participants to join the network and enjoy its future growth in a way that allows for much more rapid scaling.

Solution

By open-sourcing the DAV technology stack and decentralizing protocols around identity, discovery, mission flow, and payments, provided through a modular UI, DAV enables cooperation. New players can enter the market, creating distributed value and growing participation in the transportation economy. A decentralized open source network means that players can independently take action in response to unfilled or poorly filled market needs.

Features

Decentralized DiscoveryDAV allows autonomous vehicles to discover each other, as well as service providers, and clients around them. DAV implements decentralized node discovery using a peer-to-peer protocol that does not rely on a central server. Instead, nodes are listed in a distributed hash table which can be accessed in an extremely efficient way.

Communication ProtocolDAV defines a library of standardized communication protocols for various transportation scenarios. This communication is divided into two groups:

On-blockchain communication done directly by calling smart contracts and through events emitted by those smart contracts;

Off-blockchain communication done peer-to-peer using DAV’s protocols.

Trustless Cooperation ToolsTrustless cooperation between buyers and sellers of transportation services is achieved using a series of specialized smart contracts. These smart contracts enable multi-party contracts between buyer, seller, and when needed, between arbitrator, insurer, and others. These contracts are tied in directly to the DAV token, guaranteeing financial resolution for transactions between multiple parties without requiring any pre-established trust.

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Token details

Token symbol
? Token symbol — a shorten token name. It is used during an ICO and after the coin listing at the cryptocurrency exchanges. :DAV

Fundrasing target ? Fundraising target — the maximum amount of funds to be raised during an ICO. When it is reached, the developers stop selling the tokens because they do not need to raise more money for the project development. : 38,000,000 USD

Token type ? Token type — a platform for a startup launch that influences the stability of blockchain operation, the speed of transactions and the fees. :Ethereum (ERC20)

Soft cap ? Soft cap — the minimum amount of funds to be raised for the project development. Sometimes when the soft cap has not been reached, the money is returned to the participants. : NA

Role of token ? Role of Token — type of token depending on the opportunities it offers to its owner. Utility tokens give their owners a right to use the project services, security tokens are aimed at bringing profit, and currency tokens are a money substitute. :Utility token

Total supply ? Total supply — a total amount of tokens that will be released by the developers. :2,480,000,000 DAV

Escrow agent ? Escrow agent — a qualified agent who has the right of signature in a multisig wallet. An escrow agent participates in an ICO, monitors the financial operations of the developers and confirms their fairness. :No

Tokens for sale ? Tokens for sale — the number of tokens offered to the participants of an ICO. :992,000,000 DAV

Whitelist ? Whitelist — a list of participants, who get an opportunity to buy tokens. To be whitelisted, you need to register on time because the number of participants and the registration period are usually limited. :Whitelist Closed

Additional emission ? Additional emission — an additional release of tokens. It can be done once after the crowd sale or on an ongoing basis. In the projects with a limited emission there is no additional emission. :No

Exchange listing ? Exchange listing — an assumed date when the token will be listed at a cryptocurrency exchange. The developers usually indicate it in a roadmap and a white paper. :NA

Accepting currencies ? Accepting currencies — cryptocurrencies and fiat currencies that can be used for buying the project tokens. :ETH,

Can't participate ? Can't participate — the countries where it is prohibited to buy tokens. These can be countries where ICOs are prohibited altogether, or countries that have the requirements that a particular project does not meet. :China, Japan, South Korea, USA,

Know Your Customer (KYC) ? Know Your Customer — a verification procedure for ICO participants, during which the developers can ask for personal data, a photo and a scanned copy of a passport of a potential investor. :Yes

First vehicle to hire another another vehicle to complete last mile of a delivery

Q2 2019

Decentralized non-autonomous delivery network released

Q3 2019

Long range drone flight supported by a network of charging stations

Activity

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